Veradigm Building Momentum Across All Markets
11 January 2023 - 12:01AM
Business Wire
Veradigm Inc. (NASDAQ: MDRX) reports today strong fourth quarter
new business results across all markets including the payer, life
science, and provider markets.
The Veradigm Payer business added 6 net-new regional and
national payer clients in Q4, representing +26% new business growth
for the full year, along with expanding business among current
clients, worth millions of dollars in total annual contract value.
As healthcare evolves toward interoperability, Veradigm’s
interoperability focused solutions are leading this effort among
payers.
In the Veradigm Provider market, the company added 30 new
revenue cycle management clients in the fourth quarter,
contributing to over 200 percent year-over-year client growth.
Additionally, the company’s clinical solutions continued to
experience growth in the fourth quarter, adding a total of 484 new
practices, across all solutions including many multi-specialty
practices.
Veradigm Life Science continues to expand the utilization of its
significant de-identified patient dataset with top tier life
science companies, and commercial partners. During the fourth
quarter more than 20 data, research study, and media agreements
were signed. This momentum is partially being driven via the
Veradigm Network and its strategic partnership with HealthVerity, a
leader in privacy-protected data exchange.
As the Veradigm Network expands, Veradigm continues to integrate
offerings to drive improved clinical and financial outcomes for its
clients.
“Veradigm is well-positioned for growth because we offer
unmatched connectivity, scale, data and expertise that is needed to
address the challenges faced by healthcare providers, payers and
the life sciences alike,” said Tom Langan, Veradigm President and
Chief Commercial Officer.
About Veradigm®
Veradigm is a healthcare technology company that drives value
through its unique combination of platforms, data, expertise,
connectivity, and scale. The Veradigm Network features a dynamic
community of solutions and partners providing advanced insights,
technology, and data-driven solutions, all working together to
transform healthcare insightfully. For more information on
Veradigm, visit www.veradigm.com, or find Veradigm on LinkedIn,
Facebook, Twitter, and YouTube
© 2023 Veradigm Inc. and/or its affiliates. All Rights
Reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20230110005296/en/
Investors: Jenny Gelinas
312-506-1237 jenny.gelinas@veradigm.com
Media: Concetta Rasiarmos
312-447-2466 concetta.rasiarmos@veradigm.com
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